When the United States imposes a tariff on an imported good, the
A) quantity of the good produced in the United States decreases.
B) amount imported increases.
C) price of the good in the United States falls.
D) outcome becomes more efficient.
E) quantity of the good purchased in the United States decreases.
E
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In 1930, the U.S. government attempted to help domestic firms that were harmed by the Great Depression by passing the Smoot-Hawley Tariff. In response to this tariff, other countries ________ and international trade ________
A) lowered their tariffs; thrived B) raised their tariffs; collapsed C) doubled their tariffs; became unrestricted D) eliminated tariffs; began to grow outside of the United States
What is the definition and purpose of the payroll tax?
What will be an ideal response?
A family that earns $20,000 a year pays $1,000 a year in payroll taxes. A family that earns $40,000 a year pays $2,000 a year in payroll taxes. The payroll tax is
A. a progressive tax. B. a regressive tax. C. a proportional tax. D. a benefits-received tax.
A strategy that identifies the causal effects of a policy or factor by looking at two samples that lie on either side of a threshold or cutoff is called intention to treat.
Answer the following statement true (T) or false (F)